The Auditor General has released yet another highly damning report about parastatals leeching off the public and which have, in all intents and purposes, become millstones on the necks of the struggling national coffers.
The government announced plans to sell off loss-making firms, but that process looks beholden to vested interests or log-jammed in our courts.
The long-suffering taxpayers deserve better than to have their hard-earned money handed out to spendthrift executives, obsessed with perks with no revenue to show for it.
The report paints a gloomy and dispiriting scenario of big name companies that have been bled to an empty shell, but which politicians have not yet quite decided whether to liquidate or to let waste public money.
Some of the hotels in the list of companies that return losses year in year out have been on the list of firms on the chopping block for 30 years, yet nothing happens.
President William Ruto and his Treasury boss John Mbadi must not waste another year cushioning the loss-making entities to remain alive.
Mbadi announced in June that the sale of some of the earmarked firms could help bridge the yawning budget deficit that runs into hundreds of billions.
Quote of the Day: "You have sat too long for any good you have been doing. Depart, I say, and let us have done with you. In the name of God, go!" —English general and puritan Lord Protector of England Oliver Cromwell died on September 3, 1658
